[KSCI] Korea Science Citation Index Service

http://dx.doi.org/10.11627/jkise.2013.36.4.9

The Influences of Technological Innovation and Cost Management for Elevation of Small Enterprise Competitiveness on Productivity : Focused on Marine Engine Suppliers

Lee, Seol Bin (Major in Project Management, Graduate School of Engineering, Hanyang University)
Baek, Dong Hyun (Department of Business Administration Hanyang University)

Publication Information

Journal of Korean Society of Industrial and Systems Engineering / v.36, no.4, 2013 , pp. 9-17 More about this Journal

Abstract

The purpose of this study is to figure out the impacts of technological innovation and cost management on productivity in small shipping industries to come up with developmental implications. To achieve this, a survey was carried out to 150 workers in small shipbuilding industries through April 2 to April 20, 2012. As for findings stated above, technological innovation and cost management in the Korean small shipbuilding industries were key factors that elevate financial and non-financial productivity. In the light of low technological prowess and cost structure of small shipbuilding industries, their productivity can be improved when intensive cost management with production factor technology as know-how is realized through quality management, which product development technology is the top priority as an independent niche strategy. Consequently, the combination of infrastructures in small shipbuilding industries with continuous efforts for cost reduction by the link to the systematized structure can't only secure their independent competitiveness, but raise their productivity.

Keywords

Technological Innovation; Cost Management; Elevation of Small Enterprise Competitiveness; Productivity Effectiveness; Marine Engine;

Citations & Related Records

Reference

1	Song, K.S., Determinants of Technological Innovation in the Small Firms of Korea. The Korean Association of Small Business Studies, 1995, Vol. 17, No. 2, p 169-192.
2	Porter, M.E., Competitive Strategy : Techniques for Analyzing Industries and Competitors, The Free Press, 1980.
3	Shin, Y.B., A Study on the Approach Method and the Technique of Productivity Improvement in Korean Smallmedium Manufacturing Firms. Productivity Review, 2000, Vol. 13, No. 4, p 23-42.
4	Society of Naval Architects of Korea, Shipbuilding Engineering, Dongmyung Books, 2006.
5	Yoo, B.S., A Study on the Fitness of Competitive Strategy and Manufacturing Strategy. CNU Journal of Management and Economics, 1996, Vol. 2, p 121-141.
6	Yook, G.H., An Empirical Study about the Relationship between the Main Success Factor and Performance of the Target Costing System. Business Administration Research, 2002, Vol. 31, No. 4, p 951-974.
7	Kim, S.K., Jung, S., Yeo, Ha, K.J., The Influences of the Introduction of Target Costing System on Business Performance. Seogang Journal of Business, Vol. 14 No. 1, p 1-23, 2003.
8	Jung, C.S., A Study on Training of Design Manpower about Ship and Marine Leisure Industry, doctoral dissertation, Hongik University, 2011.
9	Kaplan, R.S. and Norton, D.P., The Balanced Scorecard : Translating Strategy into Action Boston : Harvard Business School Press, 1996.
10	Kim, K.H., Comparative Analysis of the Global Competitiveness of Korean and Chinese Shipbuilding Industries, Master's thesis, Wonkwang University, 2008.
11	Ko, S.S. and Lee, C.S., Information Sharing and Knowledge Creation Role of Target Costing : Focuse on the Market Maker and Their Parts Suppliers. General Meeting and Spring Meeting, 2003, p 63-84.
12	Korea Development Institute, Structural Analysis of Global Competitiveness. Korea Development Institute, 2000.
13	Korea Offshore and Shipbuilding Association, Shipbuilding Yearbook, Korea Offshore and Shipbuilding Association, 2010.
14	Lee, C.S. and Parkm, S.S., A Study of Cost Management Based on Balanced Scorecards. Accounting Information Research, 2002, Vol. 18, p 73-89.
15	Lee, I.W., An Empirical Study on the Technologicalorientation and Market-orientation of Startup Enterprises and Their Effect on Managerial Performance. doctoral dissertation, Kyunghee University, 2009.
16	Lee, J.K., Research Papers : The Status of Cost Management System for Small Manufacturing Firms. Tax Accounting Research, 2000, Vol. 7, No. 1, p 477-511.
17	Lee, J.S., "A Study about the Validity of Establishing Small- Sized Industrial Complexes for Manufacturing-Based SMEs. Korea Small Business Institute, 2010.
18	Li, X. and Wu. X., Discussion on the Cost Consciousness in the Cost Management. Value Engineering, 2011.
19	Pennings, J.M. and Purunam, P., Market, Convergence and Firm Strategies : Towards A Systematic Analysis. Presented at the Organization Science Winter Conference, Keystone, CO, 2000.
20	Park J.H., A Study on Cost and Management Accounting Practices of SMEs, SME Research, 2004, Vol. 26, No. 2, p 101-120.
21	Agandal, H. and Nilsson, U., Inter-organizational Cost Management in the Exchange Process. Management Accounting Research, 2009, Vol. 20, p 85-101. DOI ScienceOn
22	Cho, D.S., National Competitiveness, Maeil Business Newspaper, 1999.
23	Cooper, R. and Slagmulder, R., Inter-organizational Cost Management and Relational Context. Accounting Organizations and Society, 2004, Vol. 29, p 1-26. DOI ScienceOn